In the modern travel landscape, where the mere act of boarding a plane can mimic a military operation, the allure of airport lounges has skyrocketed. They used to symbolize luxury and serenity amidst the chaos of crowded terminals. However, recent shifts in policy by major players like Capital One have unveiled a bitter irony: as
Business
In May, a noticeable shift occurred in the used vehicle market, with prices retreating from their peak in April. The Cox Automotive Manheim Used Vehicle Value Index reported a 1.5% decline from April to May, reflecting a broader trend that has left consumers and analysts alike pondering the future. Despite this recent dip, prices remain
Lululemon Athletica’s latest earnings report is a testament to the tumultuous climate that retailers are currently navigating. On the surface, the company managed to outpace Wall Street’s insights for fiscal Q1 this past Thursday, raising eyebrows with an earnings per share (EPS) of $2.60, exceeding expectations of $2.58. Simultaneously, revenue rose to $2.37 billion compared
In recent years, organized retail crime (ORC) has emerged as a pressing concern for retailers across the United States. The phenomenon, defined as groups of thieves collaborating in a methodical fashion to pilfer merchandise for resale, has seen unprecedented growth. According to the National Retail Federation (NRF), this year alone marked a staggering 93% increase
Peloton has made headlines once again with the launch of its new marketplace, Repowered. This initiative is not just a way to clear the clutter from our homes but represents a significant strategic pivot for the company that has weathered its share of turbulence. As a center-right liberal observer of the economy, it’s refreshing to
The U.S. office market is experiencing seismic shifts that are reshaping its very foundation. For the first time in over two decades, we are witnessing a stark decline in office space availability, with demolitions and conversions surpassing new constructions. This unprecedented event underscores the crumbling ideals of traditional office work and the undeniable impact of
In the ongoing rivalry among U.S. airlines, the focus on business-class upgrades illustrates a troubling trend—where indulgence becomes akin to ostentation. As American Airlines unrolls its latest business-class “suites” equipped with sliding doors and dedicated trinket trays, one can’t help but question the real value behind these extravagant features. Are airlines leaning too much on
In an era where airlines are continuously vying for market dominance, United Airlines has made headlines with its decision to partner with JetBlue Airways, marking a significant return to New York’s John F. Kennedy International Airport (JFK). This bold move, branded as the Blue Sky partnership, offers more than just business advantages; it promises enhanced
In a move that might redefine the trajectory of Stellantis, Antonio Filosa has been appointed the new CEO of this auto manufacturing giant. The change comes on the heels of Carlos Tavares’ sudden resignation last December, a departure that raised eyebrows amid plunging profits and market unrest. Filosa, a long-time company veteran with solid roots
While Hollywood often finds itself riddled with uncertainty, a monumental occasion recently sparked a resurgence that seems to defy the trends looming over the movie industry. Memorial Day Weekend 2025 shattered box office records, showcasing a staggering $326 million in ticket sales and reaffirming the value of theatrical experiences in the face of digital competition.